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New Deal


Announced

Completed

An investment consortium completed the $225m Series E financing round in Creditas

Financials

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Transaction Value£190m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Private Equity

Single Bidder

Minority

Venture Capital

Friendly

Completed

FinTech

financial technology platform

Brazil

Cross Border

Synopsis

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An investment consortium completed the $225m Series E financing round in Creditas Financial Solutions, a financial technology company that operates a digital platform offering secured consumer loans. New investors in the funding round include LGT Lightstone, Tarsadia Capital, Vostok Emerging Finance, Wellington Management, e.ventures and an affiliate of Advent International, Sunley House Capital. Previous investors including SoftBank Vision Fund, SoftBank Latin America Fund, VEF, Kaszek Ventures and Amadeus Capital Partners also participated in the round, which values Creditas at $1.75bn. “The journey since our investment in the Series A has been absolutely extraordinary. The team has executed on its vision, and Creditas has evolved into an asset-light ecosystem that resolves key financial needs of its customers throughout their lifetimes,” Nicolas Szekasy, Kaszek Ventures Managing Partner.

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